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VCSC Daily - Rally momentum continues to show weakness - IDICO

Vietnam manufacturing sector stands out in the region. Vietnam's manufacturing sector expanded further with a PMI reading of 53.3 in September. This is the highest reading in the past five months and is also the highest of the regional countries. This is the 22nd consecutive month that Vietnam’s PMI has been above 50 (expansion territory). Stronger consumer demand, resulting in faster growth of new orders, output and employment, was the main driver of September’s PMI.